Kategorie: Einzahlung

• Gold reflects financial uncertainty while oil predicts economic downturn • Bitcoin touched the low of $19,500 due to the fallout of SVB • Crude oil has plummeted by 15% in the past month Gold Prices Reflecting Global Financial Distress During Friday’s session, when Bitcoin touched the low of $19,500 due to the fallout of SVB, further contagion spread into […]

• The Senate held a hearing on March 7 to discuss the potential environmental impacts of cryptocurrency mining. • Senator Cynthia Lummis (R-Wyoming) expressed concern about the use of energy efficiency standards to target crypto mining operations. • The Crypto-Asset Environmental Transparency Act requires miners utilizing over 5 megawatts of power to disclose their emissions data, while the EPA is […]

• Bluesky, a decentralized social media app tied to Twitter’s pre-Elon Musk leadership, has been made available on Apple’s App Store as of March 1. • The platform uses the AT Protocol ⁠— a federated network that relies on cryptography to store data in a decentralized way. • Despite gaining most users during the Twitter exodus, Mastodon saw its user […]

• Coinbase saw its total trading volume for 2022 decline by 50% year-over-year and its transaction revenue for 2022 fall by 66%. • The company attributed its decline in performance to two high-profile collapses: Luna and Terra in May 2022 and FTX in November 2022. • Despite these setbacks, Coinbase was resilient and reported a net full-year revenue of $3.1 […]

Summary Binance CEO Changpeng Zhao addressed issues around Paxos and BUSD stablecoin. Circle denied that it has received a Wells notice from the SEC. Siemens announced its issuance of 1st digital bond on Polygon. CZ Addresses Rumors about Circle Telling Regulators to Look into Paxos/BUSD Binance CEO Changpeng Zhao addressed various issues related to Paxos and the BUSD stablecoin in […]

• Bitcoin (BTC) is up 287,000% against the US dollar since 2011. • Great Britain Pound Sterling (GBPUSD) is 11% away from its all-time low. • The UK government is likely to introduce a digital pound this decade. Bitcoin Up Almost 287,000% Since 2011 The cryptocurrency Bitcoin (BTC) has seen an incredible rise in value since 2011, with a staggering […]

• Bitcoin futures open interest (OI) has seen a notable increase leading up to the FOMC meeting. • This rebound in OI began in mid-January and is largely attributed to increased institutional interest in Bitcoin futures. • On Jan 30, Bitcoin futures OI saw the biggest increase since the beginning of the year, indicating investors are gearing up for a […]

• Industrial Internet of Things (IIoT) and distributed ledger technology (DLT) are converging to create a machine economy that could contribute up to $15 trillion to the global economy by 2030. • The machine economy is defined as a network of smart, connected, and economically independent devices and machines acting as autonomous market participants, executing economic transactions and other activities […]

• Bitcoin dominance has hit 41.5% as of Jan. 20 — the highest level over the past six months. • Ethereum dominance is also up and currently stands at 19.4%. • BTC-ETH Market Cap Dominance has been trending downwards, indicating an outperformance of Ethereum over Bitcoin since early 2021. The crypto market has been abuzz over the past few weeks, […]

• Argo Blockchain mined 25% less BTC in December due to winter storm Monika Ghosh. • Argo’s mining revenue dipped 28% from $3.46 million in November to $2.49 million last month. • As of Dec. 31, Argo had $79 million in total debt and $20 million in cash. Argo Blockchain, the debt-ridden Bitcoin miner, experienced a significant decline in its […]